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Negative Pressure Wound Therapy Devices Market With DeRoyal, Cardinal Health, ConvaTec, 3M, Mölnlycke, Smith & Nephew, Medela, KCI USA, Lohmann & Rauscher, Talley Group Ltd
The negative pressure wound therapy devices research report is a thorough industry research manual that spotlights on Market, passes on organized analysis of the market and future prospects of negative pressure wound therapy devices Market. The basic and huge information in negative pressure wound therapy devices report makes the examination a significant device for specialists, investigators and administrators to prepare to-get to investigation by the business experts. The study is associated with extensive information as outlines and tables to appreciate fundamental negative pressure wound therapy devices market examples, drivers, and challenges. It is a most significant research for who searches for complete data on the negative pressure wound therapy devices market. It helps the business specialists in planning their strategies.The negative pressure wound therapy devices market research report covers all data on the worldwide and territorial markets including memorable and future patterns for market demand, measure, exchanging, supply, contenders, and costs just as worldwide transcendent merchant's data. The forecasted market data; SWOT analysis, market situation, and practicality study are the imperative angles broke down in this negative pressure wound therapy devices report. The measurements offered in this report serves as exact and valuable tool for shaping the business development. The report starts with a concise presentation and market outline, in which the negative pressure wound therapy devices market is first characterized before assessing its market degree and size.
Global negative pressure wound therapy devices market is expected to rise to an estimated value of USD 5.65 billion by 2026 registering a substantial CAGR of 6.5% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising aging and geriatric population and technological advancement in negative pressure wound therapy devices, increased number of surgical procedures, government support for promoting negative pressure wound therapy, rising incidence of diabetes.
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Application of negative-pressure around the wound refers to Negative Pressure Wound Therapy. The wounded area is sealed by an adhesive film and then pump delivers a continuous and constant negative pressure around the wound bed. The devices consists products like conventional NPWT devices & single-use NPWT devices.
Key Market Competitors: Global Negative Pressure Wound Therapy Devices Market
Few of the major market competitors currently working in the global negative pressure wound therapy devices market are KCI USA, Smith & Nephew, Mölnlycke, 3M, ConvaTec, Cardinal Health, DeRoyal, Lohmann & Rauscher, Talley Group Ltd, Medela AG, Genadyne, Wuhan VSD Medical Science & Technology Co., Ltd., Triage Meditech Pvt. Ltd., SunMed Medical, The Wound Vac Company LLC, Devon International Group, Inc., ATMOS MedizinTechnik GmbH & Co. KG, HARTMANN, Pensar Medical, Galaxy Medical Products Inc and others.
Market Drivers
· Rising aging and geriatric population and technological advancement in negative pressure wound therapy devices
· Increased number of surgical procedures
· Government support for promoting negative pressure wound therapy
· Rising incidence of diabetes
Market Restraints
· High cost of products is restraining the market growth
· Availability of substitute products is one of the restraints for the market
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Segmentation: Global Negative Pressure Wound Therapy Devices Market
By Product Type
· Stand-Alone
· Portable
· Disposable
By Wound Type
· Surgical Wound
· Diabetic Ulcers
· Burn
· Pressure Ulcers
· Venous Ulcers
· Others
By Distribution Channel
· Direct Tenders
· Retail
By End-User
· Hospitals
· Wound Care Centers
· Ambulatory Centers
· Home Healthcare
· Clinics
· Community Centers
By Geography
· North America
· South America
· Europe
· Asia-Pacific
· Middle East and Africa
Key Developments in the Market:
· In May 2011, a new device name PICO- single-use NPWT which for the wound management in Negative-pressure wound therapy devices system launched by the SMITH AND NEPHEW.
· In 2016, Smith & Nephew announced its single use NPWT system, PICO which offers less complications and improved wound healing post the orthopedic surgery.
Competitive Analysis: Global Negative Pressure Wound Therapy Devices Market
Global negative pressure wound therapy devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of negative pressure wound therapy devices market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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